FCR S103 2022/23 Overall Financial Position Report - February 2023

April 24, 2023 Key decision Awaiting outcome View on council website

This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.

Summary

Hackney Council's Cabinet noted the council's overall financial position as at February 2023. The Cabinet agreed to accept £1,804,824 of UK Shared Prosperity Fund grant and enter into a grant agreement with the Greater London Authority.

Full council record

Decision

RESOLVED:

  1. To note the overall financial position of the Council as at February 2023

as set out in this report.

  1. To agree to accept the £1,804,824 of UK Shared Prosperity Fund grant and to enter into a grant agreement with the Greater London Authority regarding the governance of the expenditure.

REASONS FOR DECISION

  1. To facilitate financial management and control of the Council's finances and to agree to the offer of UKSPF grant funding and enter into a grant agreement with the GLA to govern the expenditure.

Related Meeting

Cabinet - Monday 24 April 2023 6.00 pm on April 24, 2023

Supporting Documents

February OFP - UKSPF Appendix 1.pdf
February OFP 2023.pdf

Details

OutcomeFor Determination
Decision date24 Apr 2023